The Stage of the New-Product Development Process That Internally and Externally

question 217

Multiple Choice

The stage of the new-product development process that internally and externally evaluates new-product ideas to eliminate those that warrant no further effort is referred to as

• A) development.
• B) Stage-Gate®.
• C) idea generation.
• D) business analysis.
• E) screening and evaluation.

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Definitions:

Technological Advances

Innovations and progress in technology that improve efficiency, capabilities, and understanding in various fields and industries.

Monetary Terms

Refers to the concepts, units, or expressions related to money, finance, and economic transactions.

Bad Hire

A term used to describe a new employee who does not meet the expectations of the organization, often due to a mismatch in skills or poor fit with the company culture.

Internet Recruiting

Involves the use of online platforms, job boards, and social media to find, attract, and hire candidates for job positions, streamlining the recruitment process.